Appeal Filed in Class Action Investment
Appeal filed in Queensland electricity class action after first instance judgment ruled against LCM's funded party.
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Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, announces that an appeal has been filed in relation to the class action funded by LCM on behalf of Queensland users of electricity against the Stanwell Corporation LTD and CS Energy LTD. On 4 December 2024, we announced that the first instance judgment ruled against LCM's funded party. We look forward to engaging further with investors after our interim results have been published on 18 March 2025.
Jonny Franklin-Adams, Isaac Hooper and Rory Sale (Corporate Finance) Tim Redfern and Jamie Anderson (Corporate Broking)
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Bobbie Hilliam
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